Gold Editorials & Commentary

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – up as of 12/27. COT data is now favorable for a bear market rally.

Much confusion persists regarding the method, or mechanics, of how the big banks are able to push the price of precious metals around at will for so long. GATA and Ted Butler have long established and outlined the reasons why this occurs (legally). They have also...

Let us take a break from the hustle & bustle loaded to the gills with nastiness and mayhem. Consider some information cookies during the Christmas holiday down time, not without a few lumps of coal. The deceptions are deep; the ranks of dupes are legion;...

There are two reasons why people buy gold and silver. The first is that they’re the monetary metals. Many people don’t want more than a certain exposure to the risks of the banking system. They hold dollars for liquidity and beyond that exchange them for metallic...

Today we take a look at the Bullish Percent Index chart relative to Gold’s cycle and Gold Stocks. Essentially it tells you what percentage of Gold sector stocks are at or above a moving average, which normally would be 50 days. When 70% or more are above a 50 day...

Well the Fed in its infinite wisdom has gone and done it again. They've created another bubble. And this bubble is arguably the 6th in the last 13 years (tech, real estate, credit, bond, oil, and now stocks - again). And let’s footnote the Fed’s creation of the...

In the biggest picture, Western precious metals investors are going to have their golden cake, and eat it too!

Last month, when asked about bit-coin, the old chairman stated… "In order for currencies to be 'exchangeable' they have to be backed by something," A truly remarkable statement when one considers what gold bugs know and all other nations of the world recognize in...

Market events such as crashes and panics are thought by economists to be random, unpredictable events. To the contrary, such events are nothing if not predictable and often arrive with recognizable regularity. A cursory examination of the last few decades will...

BIG PICTURE – Interest rates are near historic lows, credit is cheap and the prominent central banks are not planning to pursue tough monetary policies anytime soon. Consequently, the stock markets of the developed world are rallying and their property markets are...

The press has framed Ben Bernanke's valedictory press conference last week in heroic terms. It's as if a veteran quarterback engineered a stunning come-from-behind drive in his final game, and graciously bowed out of the game with the ball sitting on the opponent's...

The dollar made a multiyear high, closing on Thursday at over 26mg gold! Not even the Fed’s propaganda squad would trumpet this as good news and not in this way. And, of course, the gold bugs regard it as bad news. Though they say that the dollar is going to zero,...

December 23rd, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed?

Below is a combo chart that I’ve shown you several times that has the INDU:GOLD ratio on top and gold on the bottom. So far the parabolic move in the ratio and gold is still playing out. As you can see on the gold chart below gold touched the parabolic arc this week...

It is a tragic irony that at a time when gold and silver are completing large basing patterns after a long and deep correction, and are at last nearly ready to turn up and start their next major uptrends, most investors in the PM sector have been psychologically...

Last week all (investors’) eyes were on the Fed, and the Fed delivered. A small (if you can call $10 billion “small”, but it is on a relative basis) form of tapering of the Quantitative Easing program was announced and markets reacted to it. It turned out that our...

The T-Bond Bull Market is probably the longest running Bull Markets in history. To my knowledge no other asset class has sustained a constantly rising bull trend for over 33 years (since 1980). The following chart clearly shows this record breaking bull, who is...

Gold continues to slide down. Bears are clearly in control.

It's been my theory for some time now that this QE driven bull market would top either in late 2013 or early 2014, followed by a multi-month stagnation process as liquidity leaked into the commodity markets.

Part of the reasoning for the price of gold to attain levels that are multiples of the current price, sometime into the future, [too late for those who have been calling for much higher gold prices in 2013], is the Federal Reserve central bank creating trillions and...

A solid week for markets and many stocks are doing very, very well as we run into the holidays as so often happens. There are some hefty gains going on right now and we’re right in the thick of it as usual. We should continue to see strength during the holiday...

Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 11/08. COT data is now favorable for a bear market rally.

Let’s do a little flashback this week and then look at some things and try to make some sense of what happened yesterday as the Great Taper Caper unfolds. We go back to March 3rd, 2009. Ben Bernanke was in front of Congress. He was allegedly under oath. He was asked...

Chart Analysis, Gold Cost, Gold Trend, Silver & Gold Bottoming via videos.

The year 2013 will go down in history as the year of great transition, tremendous disruption, numerous financial breakdowns, widely adopted hyper monetary inflation, exposure of hidden devices, panorama of popular awakening, and indisputable evidence of a systemic...

Accusations of manipulation in the Gold Market have been around for a very long time, whether from bodies like GATA who believe that there is a cartel whose purpose is to manipulate the gold price and to keep it down, or at commercial banks that are in it for their...

Many times in our previous essays we have written that if you want to be an effective and profitable investor, you should look at the situation from different perspectives and make sure that the actions that you are about to take are really justified. Therefore, at...

On Wednesday the Federal Reserve reduced (aka tapered) its monthly bond buying purchases by $10 billion from $85 billion to $75 billion. After the Federal Open Market Committee meeting outgoing Chairman, Ben Bernanke, said: “Reflecting cumulative progress and an...

By November, the most recent month for which statistics are available, the US Fiat Money Quantity (FMQ) had grown to $12.351 trillion. This is $4.96 trillion more than it would be if it had grown in line with the established average monthly growth rate from 1960 to...

World financial markets are poised for a major phase transition. We are witnessing a bubble trifecta where a bubble in bonds, equities, and housing are beginning inflate beyond sustainability, which poses a very real threat to what is left of the real economy. Add...